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The trade collapse: The role of product quality
The trade collapse: The role of product quality
Antoine Berthou , Charlotte Emlinger , 2 November 2009 The volume of world trade has plummeted with the global crisis. This column says that high-quality imports are more responsive to income changes than low-quality imports. This explains why world trade value fell faster during the crisis ...
A welcome GDP report
A welcome GDP report
econbrowser.com — The Commerce Department reported today that the seasonally adjusted real value of the nation's production of goods... and services grew at a 3.5% annual rate during the third quarter, a little better than the 3.2% average seen since 1947.  ... (more) A welcome GDP report
Baseline Scenario, October 30, 2009
baselinescenario.com — Yesterday morning I testified to a Joint Economic Committee of Congress hearing. The session discussed the latest... GDP numbers, the impact of the fiscal stimulus earlier this year, and whether we need further fiscal expansion of any kind. I argued that a global recovery is underway and in ... (more) Baseline Scenario, October 30, 2009
Stimulating thoughts, 3rd quarter edition
Stimulating thoughts, 3rd quarter edition
krugman.blogs.nytimes.com — The good news from the new GDP report is that the fiscal stimulus seems to be working... just about the way a sensible Keynesian approach says it should. That's also the bad news. f (more) Stimulating thoughts, 3rd quarter edition
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Links 11/2/09
naked capitalism — Tuna ban ‘justified’ by science BBC The sex life of seahorses Guardian Richmond Fed on the GSE’s – “They Encourage Defaults” Bruce Krasting. This study breaks a cardinal rule: correlation is not causation. Dollar Homes Lack Buyers NBC Chicago (hat tip reader John D) Cushions are thicker but don’t get comfy Rolfe Winkler Note to Congress: You Are Not the People You Serve James Kwak High quality imports suffer more during recessions Antoine Berthou and Charlotte Emlinger, VoxEU It is Japan we should be worrying about, ...

links for 2009-11-01
Economist's View — Health Care Reform is Critically Important, But Getting Americans Back to Work is More So - Robert Reich Assurance game - UnderstandingSociety ...

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